Zimbabwean Businessman Denies Alleged Bank Withdrawal Limit Increase Requests.
Harare, Zimbabwe - Prominent Zimbabwean businessman Wicknell Chivayo has vehemently denied the authenticity of letters circulating on social media. The letters claim Chivayo requested increases to monthly withdrawal limits for accounts at EcoBank under the names IMC Communications and Eden Breeze (Pty) Ltd.
In a statement, Chivayo called the letters "blatant forgeries" designed to tarnish his personal and business reputation. He said he never signed or authorized such requests.
Chivayo believes the letters are part of a smear campaign by opposition political figures frustrated by his regional business and philanthropic successes. He claims they are bitter about their inability to secure meetings with foreign heads of state.
The businessman alleges an opposition "advocate" unlawfully scanned his signature from court records and fraudulently replicated it on the fabricated letters. He plans to take legal action against those involved.
Chivayo dismissed the withdrawal amounts mentioned as exaggerated and beyond his "pay grade." He suggested the letters stemmed from hatred over his support for President E.D. Mnangagwa and the ZANU-PF party.
The businessman touted his success, claiming to have made his first million rand at 19 and first million USD at 23. He stated all his companies' contracts are awarded based solely on competence and adherence to procurement procedures.
Harare, Zimbabwe - Prominent Zimbabwean businessman Wicknell Chivayo has vehemently denied the authenticity of letters circulating on social media. The letters claim Chivayo requested increases to monthly withdrawal limits for accounts at EcoBank under the names IMC Communications and Eden Breeze (Pty) Ltd.
In a statement, Chivayo called the letters "blatant forgeries" designed to tarnish his personal and business reputation. He said he never signed or authorized such requests.
Chivayo believes the letters are part of a smear campaign by opposition political figures frustrated by his regional business and philanthropic successes. He claims they are bitter about their inability to secure meetings with foreign heads of state.
The businessman alleges an opposition "advocate" unlawfully scanned his signature from court records and fraudulently replicated it on the fabricated letters. He plans to take legal action against those involved.
Chivayo dismissed the withdrawal amounts mentioned as exaggerated and beyond his "pay grade." He suggested the letters stemmed from hatred over his support for President E.D. Mnangagwa and the ZANU-PF party.
The businessman touted his success, claiming to have made his first million rand at 19 and first million USD at 23. He stated all his companies' contracts are awarded based solely on competence and adherence to procurement procedures.
